VEGAR MIKALSEN TALVIK AS

9540 TALVIK

Finances

Share Ownership

Return on Equity

40,07 %

Current Ratio

2,18

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 547 000	1 303 000	1 268 000	841 000
Net Income	109 000	41 000	50 000	−25 000
Total Assets	934 000	616 000	693 000	447 000
Total Equity	272 000	162 000	121 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 547 000	1 303 000	1 268 000	841 000
Expenditure	1 379 000	1 227 000	1 181 000	860 000
Operating Profit	168 000	77 000	87 000	−20 000
Financial Income	0	0	0	0
Financial Costs	28 000	24 000	22 000	12 000
Financial Balance	−28 000	−24 000	−22 000	−12 000
Earnings Before Tax	140 000	53 000	65 000	−32 000
Tax	31 000	12 000	14 000	−7 000
Net Income	109 000	41 000	50 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	321 000	380 000	375 000
Total Current Assets	634 000	295 000	312 000	73 000
Total Assets	934 000	616 000	693 000	447 000
Total Retained Equity	171 000	61 000	20 000	−30 000
Total Equity	272 000	162 000	121 000	71 000
Total Long-Term Debt	371 000	234 000	334 000	159 000
Total Current Debt	291 000	220 000	237 000	218 000
Total Equity and Debt	934 000	616 000	693 000	447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 447 000	1 303 000	1 264 000	841 000
Other Income	100 000	0	4 000	0
Revenue	1 547 000	1 303 000	1 268 000	841 000
Cost of Goods Sold	464 000	354 000	348 000	83 000
Salary Costs	647 000	619 000	496 000	556 000
Depreciation	60 000	48 000	133 000	17 000
Impairment	0	0	0	0
Expenditure	1 379 000	1 227 000	1 181 000	860 000
Operating Profit	168 000	77 000	87 000	−20 000
Financial Income	0	0	0	0
Financial Costs	28 000	24 000	22 000	12 000
Financial Balance	−28 000	−24 000	−22 000	−12 000
Dividends	0	0	0	0
Net Income	109 000	41 000	50 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	12 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	300 000	320 000	368 000	348 000
Fixtures	0	0	0	0
Total Tangible Assets	300 000	320 000	368 000	348 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	300 000	321 000	380 000	375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	69 000	149 000	73 000
Total Current Assets	634 000	295 000	312 000	73 000
Total Assets	934 000	616 000	693 000	447 000
Total Equity	272 000	162 000	121 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	371 000	234 000	334 000	159 000
Creditors	86 000	64 000	70 000	41 000
Unpaid Taxes	118 000	90 000	97 000	41 000
Dividends	0	0	0	0
Other Current Debt	65 000	66 000	70 000	135 000
Total Current Debt	291 000	220 000	237 000	218 000
Total Equity and Debt	934 000	616 000	693 000	447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,07 %	25,31 %	41,32 %	−35,21 %
Debt-to-Equity Ratio	1,36	1,44	2,76	2,24
Operating Profit Margin	10,86 %	5,91 %	6,86 %	−2,38 %
Current Ratio	2,18	1,34	1,32	0,33
Quick Ratio	2,18	1,34	1,32	0,33
Equity Ratio	0,29	0,26	0,17	0,16
Gross Profit Margin	70,01 %	72,83 %	72,56 %	90,13 %